Baird analyst Mircea (Mig) Dobre said that the firm views AI as a potential disrupter for business models built on information access and digital products.
North American large ag unit retail sales were down 16.8% year-over-year in December, marking the end of a tough year overall, with the decline led by 4WDs (-30.8%) and row-crop tractors (-18.0%). Small ag also remained soft.
In reporting financial results for its fiscal second quarter ending July 31, 2025, Titan Machinery Inc., reported a net loss of $6.0 million compared to net loss of $4.3 million for the same period last year.
Crop Progress shows corn condition good/excellent +3% vs. last week, and the acreage report was largely as expected with corn acreage confirmed +5% year-over-year.
Titan Machinery Inc. today reported financial results for the fiscal fourth quarter and full year ended January 31, 2025, with a focus on its ability to significantly reduce inventory by approximately $304 million during the fourth quarter.
Almost since the sales of farm machinery began its slide in late 2013 and early 2014, used ag equipment headlines have dominated the industry’s headlines. And rightfully so. Many of the best dealers in North America have said it, “The one thing that will destroy a dealer’s business faster than anything else is an uncontrolled inventory of used equipment.”
Like farm equipment dealerships, nearly every segment of agriculture in the U.S. is being transformed by a consolidation of its participants, from farmers to ag equipment makers and input producers.
This will come as no surprise to John Deere dealers, but your major OEM wants you to share the risks of leasing farm and construction equipment with them.
With calendar year 2015 winding down, many in the farm equipment business have written off the possibility for any significant pick up in sales for this year and are looking at the possibilities for 2016.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.